83 Tennis Club Drive, Rancho Mirage, California 92270, Rancho Mirage, 92270 - 3 bed, 3 bath
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Rancho Mirage, California 92270
This Spacious Waterfront Condo is a Strong Value Opportunity, listed at $595,000—positioned well below the $641,075 Fair Market Value by 7%. This valuation gap offers $46,075 in Instant Equity for the incoming buyer. Maintained in Good Condition, the residence features a Remodeled Kitchen with granite counters and Panoramic Mountain Views over the lake. The versatile layout includes Dual Primary Suites, one with a separate entrance, providing excellent house-hacking or rental potential. This is an ideal acquisition for Owner-Occupants seeking a resort lifestyle or Buy-and-Hold Investors looking for a stable, high-amenity asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 83 Tennis Club Drive Subject | $580,000* List Price | 3 | 3 | 2,079 | $286 | - |
A 88 Tennis Club Drive Sold | $540,000 | 3 | 3 | 2,079 | $260 | 0.0 mi |
B 87 Tennis Club Drive Sold | $520,000 | 3 | 3 | 1,920 | $271 | 0.0 mi |
C 38 Tennis Club Drive Sold | $580,000 | 3 | 3 | 2,320 | $250 | 0.2 mi |
D 12 Tennis Club Drive Sold | $660,000 | 3 | 2 | 1,920 | $344 | 0.1 mi |
E 70120 Frank Sinatra Drive Sold | $620,000 | 3 | 3 | 2,000 | $310 | 0.3 mi |
F 62 Tennis Club Drive Sold | $535,000 | 3 | 2 | 1,920 | $279 | 0.2 mi |
G 89 Tennis Club Drive Active | $509,000 List Price | 3 | 2 | 1,920 | $265 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1981, the property features a remodeled kitchen with slab granite and stainless steel appliances consistent with a 5-15 year old renovation. The interior appears well-maintained, functional, and move-in ready, fitting the criteria for good condition.
Situated in one of the best lakefront positions within the Rancho Mirage Racquet Club, the property offers serene waterfall features and unobstructed panoramic views of the San Jacinto Mountains.
The spacious 2,079 sq. ft. floor plan includes two primary suites, one of which features a separate entrance, providing excellent flexibility for multi-generational living or potential rental income.
The property offers a high-value resort lifestyle with access to 7 tennis courts, 4 pickleball courts, 5 pools, 5 spas, a clubhouse, and a fitness center.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =4792, other record lot size in square feet = 5662.
The monthly HOA fee of $1,050 is substantial and may be a deterrent for buyers sensitive to high recurring carrying costs or those seeking a lower-overhead investment.
Built in 1981, the property may require attention to original systems or common area elements that have not been updated, despite the modern kitchen remodel.
Prime location in Rancho Mirage Racquet Club. One of the BEST lake locations with waterfalls and stunning San Jacinto Mountain views. This 3 bedroom 3 bath home with magnificent vaulted ceilings is perfect as a year round residence or as a weekend getaway. With over 2,000 sq. ft., this home features two primary suites and a third guest room currently being used as an office. The second primary suite has it's own separate entrance and may be an opportunity for income. Enjoy the beautiful remodeled kitchen with slab granite counters and stainless steel appliances. You'll enjoy the indoor laundry area, wet/breakfast bar. A quiet extended patio will let you savor your morning brew only feet from the water while enjoying the gorgeous mountain views. Enjoy 7 tennis courts, 4 pickle ball courts, 5 pools, 5 spas, clubhouse, fitness center and the beautifully maintained grounds.
No exterior & parking available.
Grades K-5 • 2.2 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 2,079 | 1,784 | 69% |
| Lot Size | 4,792 | 2,178 | 79% |
| Price | $580.0K | $570.0K | 55% |
| Price per sq ft | $279 | $324 | 28% |
| Built year | 1981 | 1979 | 68% |
| HOA | $1050.0 | $834 | 78% |
| Days on market | 33 | 152 | 1% |
Jun 3, 2026
$580,000
$595,000
-3% Price Drop
Initial Listing
May 5, 2026
$595,000
Initial Listing
Sep 17, 2013
$296,000
Public Record
Oct 18, 2007
$375,000
Public Record
Nov 18, 2003
$205,500
Public Record